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NOV 16, 2013 - Huffington Post

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Timothy Geithner Implemented Regulation That Went Easy On The Private Equity Industry; Now He's Going To Work For It

Private equity giants fought hard while debating Wall Street reform to make sure new rules that applied to investment banks left them exempt -- and the resulting Dodd-Frank legislation met their demands in a variety of ways. Now former Treasury Secretary Timothy Geithner, who oversaw the passage and implementation of the law that gave private equity a competitive advantage, is joining the private equity industry. "The problem with Dodd-Frank is that it picked winners and losers. Geithner went with a winner," Sam Geduldig, a lobbyist who represents the financial services industry as a ... Read More

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